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Nutrien (Nutrien) Other Current Assets : $1,495 Mil (As of Dec. 2023)


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What is Nutrien Other Current Assets?

Nutrien's other current assets for the quarter that ended in Dec. 2023 was $1,495 Mil.

Nutrien's quarterly other current assets increased from Jun. 2023 ($602 Mil) to Sep. 2023 ($656 Mil) and increased from Sep. 2023 ($656 Mil) to Dec. 2023 ($1,495Mil).

Nutrien's annual other current assets declined from Dec. 2021 ($1,653 Mil) to Dec. 2022 ($1,615 Mil) declined from Dec. 2022 ($1,615 Mil) to Dec. 2023 ($1,495 Mil).


Nutrien Other Current Assets Historical Data

The historical data trend for Nutrien's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nutrien Other Current Assets Chart

Nutrien Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,477.00 1,460.00 1,653.00 1,615.00 1,495.00

Nutrien Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,615.00 937.00 602.00 656.00 1,495.00

Nutrien Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Nutrien Other Current Assets Related Terms

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Nutrien (Nutrien) Business Description

Traded in Other Exchanges
Address
211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.

Nutrien (Nutrien) Headlines

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Nutrien Files 2022 Annual Disclosures

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By Business Wire Business Wire 05-11-2023

Nutrien Reports Second Quarter 2023 Results

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Nutrien to Acquire Brazilian Ag Retailer Casa do Adubo

By Business Wire Business Wire 07-20-2022

Nutrien Announces TSX Approval for Its Renewed Share Repurchase Program

By Business Wire Business Wire 02-27-2023